Nippon has promised to pay $5 billion more than the company’s market capitalization. And to keep U.S. Steel’s headquarters in Pittsburgh. And to give $5,000 bonuses to the company’s steelworkers. And ...
The fate of the Edgar Thomson Works, a massive steel plant that has hugged the same spot along the Monongahela River since 1875, became even more uncertain ...
Biden says he blocked the $14 billion takeover of U.S. Steel by Nippon Steel on the grounds the sale was a threat to national ...
State Steel, a third-generation business with an 84-year history in Sioux City, has agreed to merge with a Manhattan, Kansas-based firm in a transaction that will keep State Steel as an independent ...
Manhattan, Kan.-based SPS Companies Inc. and State Steel, Sioux City, Iowa, have executed an agreement under which they will ...
Cleveland-Cliffs still wants to purchase all or parts of US Steel (NYSE:X) after President Joe Biden blocked its $14 billion ...
Cleveland-Cliffs (CLF) continues to be interested in purchasing some or all of U.S. Steel (X), though the bidding war it started has now driven ...
The choice to swap single-use plastic water bottles for reusable alternatives has become a no-brainer for those focussed on ...
TOKYO (AP) — Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji ...
Biden’s decision serves as a reminder, as the new president comes to power, of just how much a president can do under the ...
The Committee on Foreign Investment in the United States (CFIUS) spent months reviewing the deal for national security risks but referred the decision to Biden in December, after failing to reach ...
President Biden announced Friday he would block the sale of U.S. Steel to Japanese-owned Nippon Steel following a yearlong review of the potential acquisition. “We need major U.S. companies ...